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lm XPansion programme

5th October 1989, Page 15
5th October 1989
Page 15
Page 15, 5th October 1989 — lm XPansion programme
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Which of the following most accurately describes the problem?

(P Express Parcels Sys ; is aiming to capture a of the heavier consign ts market, which would it into direct competition its new parent, TNT.

Ve want to get our average el weight up from nine kilos to 30 kilos as there is no money in documents," says XP managing director Geoff Clarke.

XP is launching a a million expansion programme which will double its UK network to 20 depots, creating 100 new jobs. The company also plans to develop its premium service and may introduce a before09:00hrs service.

About 40 new vehicles — a mixture of 7.5-tonners and 17.5-tonners — will be bought before the end of the year.

Clarke says he believes Lynx and Seabourne will be hit harder than TNT by XP's ex pansion plans, but he stresses the firm "just regards TNT as a bank to provide resources". He says: "I do not intend to change this company's philosophy or identity. It is a viable throbbing company that wants to grow."